116 Burning Tree Lane
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by Signature Real Estate Finder | $779,900 | |
| Listed by Signature Real Estate Finder | |||
| Sep 19, 2020 | No longer available | - | |
| No longer available | |||
| Aug 13, 2020 | Listed | $579,000 | |
| Listed | |||
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Like walking into a brand new home! Freshly painted with a brand new room that has it's own entrance and could be a home office or the 4th bedroom. This University Park estate sits on a prime corner lot with two separate pavered driveways. No HOA. Boat/RV/motorcycle welcome. Large updated kitchen with a gas stove and stainless steel ''smart'' appliances. Brand new lighting. Wired for complete home security system. High end washer/dryer. Tankless water heater. Impact glass sliders and windows AND easy close accordion shutters. Tons of storage with a large room for bicycles. Domed screen enclosure for the beautiful pool. Covered patio area with a perfect sunlight/shade ratio. Amazing vertical garden! Grow your own food! Roof 2003. ''A'' rated schools. You couldn't ask for a better location The manager has listed the unit size as 1792 square feet.
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| Aug 10, 2020 | Sold | ||
| Sold | |||
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About University Park Country Club Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017